SGB Update Outdoor
Castle Peak Holdings Acquires Snow King Resort in Jackson Hole, WY
The acquisition marks Castle Peak’s eighth property and the company’s largest, following the recent opening of Trailborn Grand Canyon, Trailborn Surf & Sound, and Trailborn Highlands.
Shred. Accelerates Distribution in Switzerland with Catrade SA
The company’s will work closely to bring the Shred. products to specialty retailers in Switzerland and to strengthen the brand’s presence in the region’s discerning ski and snowboard markets.
OIA Reports Outdoor Retail Sales Trends Returned to Growth in 2024
Outdoor market retail sales totaled $28 billion in 2024, up 1 percent year-over-year. OIA noted that overall Apparel sales remained stagnant, Equipment sales declined slightly, and Accessories and Footwear saw positive growth in 2024.
Planet Fitness Franchisee Joins NewRoad Capital Partners
The new partner at the firm, Vincent Love, is based out of Denver, CO. He is a Planet Fitness franchisee, owning five gyms in Colorado and Wyoming.
Aspen Snowmass Outlines $80M in Summer Projects and Mountain Upgrades
The improvements include two new high-speed chairlifts, a complete reconstruction of one of the resort’s on-mountain restaurants and more.
BioLite Acquires Goal Zero
The individual BioLite and Goal Zero brands will reportedly continue in the marketplace while combining core sales, operations, marketing, and engineering teams. The combined business will operate as BioLite Energy under leadership of BioLite Founder Jonathan Cedar.
TSG Consumer Appoints Managing Director and Chief Legal Officer
TSG’s representative past and current partner companies in the active lifestyle market include Backcountry, Canyon Bicycles, Nuun, Planet Fitness, Revolve and CorePower Fitness.
CNBC/NRF Retail Monitor Sees March Y/Y Retail Sales Growth Accelerate
Growth in the Clothing, Footwear and Accessories Stores sector softened from the January and February trends, while the industry that includes Sporting Goods stores accelerated versus January and February periods, according to the CNBC/NRF Retail Monitor for March.
Guardian Bikes Inks Financing Deal to Re-Shore Bike Frame Manufacturing to Indiana
The company has closed on a $19 million financing deal with JPMorganChase to launch the first large-scale bike frame manufacturing operation in the U.S. in Guardian’s manufacturing hub in Seymour, IN.
Yamaha U.S. Marine BU Promotes Dean Burnett to VP, Marine Business
Burnett oversees the Yamaha U.S. Marine Development and Advanced Development teams and Yamaha’s Boat Business Unit, which includes the WaterCraft Business Group, G3 Boats and Skeeter Boats.
NRF Expected Cargo Traffic to Drop Dramatically Before Latest Tariff Moves
The latest Global Port Tracker report released on April 9 by the NRF and Hackett Associates suggests cargo traffic will drop dramatically beginning next month; however, that outlook might change given the changes in the tariff picture.
Costco Sees March Comps Grow 9.1 Percent x-Gas; E-Commerce Up High Teens
Costco reported net sales of $25.5 billion for the retail month of March, the five weeks ended April 6, 2025, an increase of 8.6 percent from $23.5 billion in fiscal March last year.
Sitka Gear Realigns Indie Rep Sales Territories
The company expanded the territory of Jeff Watt to now include the Upper Midwest as well his existing AR, IL, and the MINK states. Sitka has also added new representation in the PNW, CA, AZ, NV and UT, plus Mid-Atlantic and New England.
Report: Affordability and Evolving Traveler Trends Highlight Growth in Camping
This insight comes from a new Kampgrounds of America, Inc. (KOA) — Camping & Outdoor Hospitality Report, released today, which highlights the industry’s resilience, even amid economic uncertainty.
GoPro Expanding Board with Active Outdoor Lifestyle Brand Veterans
Appointee Mick Lopez held leadership roles at Vista Outdoors. Nominee Mike Dennison is currently CEO of Fox Factory and serves on the Boards of Fox Factory Holding Corp. and Solo Brands, Inc. and nominee Emily Culp serves on the Board of Stio.
